12 US lawmakers urge Biden to hold India accountable in WTO for its 'trade-distorting practices'

| | Washington
  • 0

12 US lawmakers urge Biden to hold India accountable in WTO for its 'trade-distorting practices'

Saturday, 02 July 2022 | PTI | Washington

12 US lawmakers urge Biden to hold India accountable in WTO for its 'trade-distorting practices'

A group of US lawmakers has urged President Joe Biden to file a formal request for consultations with India at the World Trade Organisation (WTO) over its "dangerous trade-distorting practices".

The 12 Congressmen, in a letter to Biden, stated that current WTO rules allow governments to subsidise up to 10 per cent of the value of commodity production.

However, the Indian government continues to subsidise more than half of the value of production for several commodities, including rice and wheat, they said.

India's "lack of rule-following" and the Biden administration's "lack of enforcement" have reshaped the global agricultural production and trade channels by driving down prices, depressing production of rice and wheat commodities, and putting American producers at a disproportionate disadvantage, the Congressmen alleged in the letter.

"India's practices are dangerously trade-distorting on a global scale and impact US farmers and ranchers," the letter read. The lead in the letter was taken by Congressmen Tracey Mann and Rick Crawford.

"We urge the administration to file a formal request for consultations with India at the WTO and to continue monitoring other WTO members' domestic support programmes that undermine fair trade practices," they said.

The US must not yield for the sake of reaching a consensus. Instead, America must work to promote solutions that will alleviate the global supply chain and food shortages. It must take actions that will address those consumers most impacted by inflation and rising food prices, the lawmakers demanded.

"It is up to the American agriculture to contribute to building resilient conditions for food security for the US and throughout the world,” they said.

India has defended its stand at the WTO. Several countries and organisations across the world have applauded India for taking a firm stand in protecting the interests of its farmers.

Sunday Edition

CAA PASSPORT TO FREEDOM

24 March 2024 | Kumar Chellappan | Agenda

CHENNAI EXPRESS IN GURUGRAM

24 March 2024 | Pawan Soni | Agenda

The Way of Bengal

24 March 2024 | Shobori Ganguli | Agenda

The Pizza Philosopher

24 March 2024 | Shobori Ganguli | Agenda

Astroturf | Lord Shiva calls for all-inclusiveness

24 March 2024 | Bharat Bhushan Padmadeo | Agenda

Interconnected narrative l Forest conservation l Agriculture l Food security

24 March 2024 | BKP Sinha/ Arvind K jha | Agenda